Newmont to Begin Safely Ramping Up at Peñasquito
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced today that the Company expects to begin safely ramping up operations at Peasquito in Mexico on May 18 following the governments designation of mining as an essential activity.
- Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced today that the Company expects to begin safely ramping up operations at Peasquito in Mexico on May 18 following the governments designation of mining as an essential activity.
- The start-up of Peasquito is expected to take roughly two weeks to reach stable production levels.
- As we begin to ramp up, Newmont will provide an update on the Companys 2020 outlook.
- Operations at Peasquito were placed on care and maintenance in early April following Coronavirus-related restrictions by the government of Mexico.